Tempo Inc

Nonprofit profile at a glance

EIN
223073839
IRS 990-EZ coverage
2017–2025
Forms available
Form 990-EZ 2025
Location
Holden, MA, USA
Phone
5088290366
Rating
84
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$81,934
Expenses
$71,501
Assets
$67,155

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • ADAM EGDALL (PRESIDENT)

People named in this filing

  • ADAM EGDALL (TREASURER)
  • ADAM EGDALL (PRESIDENT)
  • ADAM EGDALL (CLERK)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To contribute to the educational enrichment of music in the towns serviced by the wachusett regional high school, by assisting in the promotion of concerts, recitals, and other music related events and sponsoring a musical/cultural enrichment program for the communities to the extent that this purpose is consistant with the provisions of section 501(c)(3) of the internal revenue code of 1954 or acts in amendment thereof of substitution thereof. In the event the wachusett regional school student music fund is unwilling, unable, or inelligible to receive the assets, they will be distributed to one or more organizations exempt under section 501(c)(3) of the internal revenue code.

What it reported doing in 2025

Lessons for new music students, honor music students, junior high school students, and honor band students requesting assitance. Music and other activities to encourage & support music education.

Operating model

Revenue model
Earned-program. 70% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 82
  • Sustainability: 50
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.8%; rating input score 83
  • Program expense ratio: 94.8%; rating input score 95

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 12.7%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 0.94; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 6.2% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 12.8% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 15.3% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 82.8% of revenue deployed · 94.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $68K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2017 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.